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Cardano Founder Charles Hoskinson Says More Damage Coming From FTX Contagion – New Regulation Coming?
14.11.2022
Cardano founder Charles Hoskinson has warned investors that more pain is coming from the recent collapse of cryptocurrency exchange FTX. He also noted that the incident would attract more regulatory scrutiny.
In his latest YouTube video, Hoskinson argued that the collapse of FTX was not...
Government Official: FTX Collapse Will Not Stop Hong Kong Becoming Virtual Asset Hub
14.11.2022
The abrupt collapse of major crypto exchange FTX has shaken the cryptocurrency markets across the world, but it wil not hamper Hong Kong’s plans of establishing itself as a crypto hub, according to the city’s Financial Secretary Paul Chan. ...
Read More: Government Official: FTX Collapse Will...
Crypto.com Sends $400 Million Worth of Ethereum to Wrong Address, Binance CEO Warns Users to Stay Away
13.11.2022
Cryptocurrency exchange Crypto.com mistakenly sent 320,000 ETH to a wallet address linked to Gate.io in late October. While the platform has since recovered the assets, Binance CEO Changpeng Zhao advised users that it is best they stay away from the platform. ...
Read More: Crypto.com Sends $400...
Former US Treasury Compares FTX Collapse to Infamous Enron Fraud – Crypto Regulation Incoming?
13.11.2022
Former Treasury Secretary Larry Summers has compared the sudden fall of cryptocurrency exchange FTX to energy trader Enron's scandal in the early 2000s.
In a "Wall Street Week" interview with Bloomberg, he said that while "a lot of" people have compared this to Lehman, he believes it is more...
Elon Musk Shares Thoughts on FTX Founder Sam Bankman-Fried – This Is What He Said
12.11.2022
Tesla and SpaceX CEO Elon Musk has claimed that he never trusted FTX founder and former CEO Sam Bankman-Fried.
Back in March, when Musk was trying to raise funds in a bid to finance his $44 billion Twitter buyout, Bankman-Fried reached out to the billionaire via intermediaries to express...
European Crypto Asset Trading Firm CoinShares Reveals Over $31 Million Exposure to FTX
11.11.2022
The European crypto investment and research firm CoinShares has revealed that it held more than $31m on the embattled crypto exchange FTX, calling it a “limited exposure.”
“CoinShares confirms robust financial health and quantifies limited exposure to the FTX Exchange, while confirming that...
Sam Bankman-Fried Apologises, Tells Binance ‘You Won’
11.11.2022
FTX CEO Sam Bankman-Fried has sent apologies in his first series of tweets since the collapse of FTX. "I fucked up, and should have done better," the CEO said.
In his first series of tweets since Binance announced and then reversed an offer to buy troubled crypto exchange FTX, SBF apologized...
FTX Used $10 Billion of Customer Funds to Prop Up Alameda Research, Lost it All – What Happens Next?
11.11.2022
Sam Bankman-Fried’s troubled cryptocurrency exchange FTX lent billions of dollars in user funds to its sister company Alameda Research to fund risky bets.
According to a recent report by The Wall Street Journal, the exchange provided up to $10 billion in loans using money that customers...
Easily move tokens across chains via MetaMask Bridges
11.11.2022
MetaMask has released the beta version of its Bridge, allowing users to seamlessly transfer tokens between chains. An increasing number of users have indicated interest in transferring tokens between blockchains, and this trend has accelerated over the past few years. With increased bridging...
US Regulators Already Looking into FTX Empire, where is Sam Bankman-Fried?
10.11.2022
The collapse of FTX is already attracting the attention of US regulators, who are now reportedly looking into whether the firm mishandled customer funds. The investigation is starting as people in the community are beginning to wonder where CEO Sam Bankman-Fried is....
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Evercity on Hedera connects to regenerative finance
10.11.2022
Evercity, a platform for green finance and carbon origination, is headquartered in Berlin, Germany. It was also involved in the construction and maintenance of an open-source protocol that could be maintained for financial problems. Presently, it has successfully positioned itself on the Hedera...
MetaMask Launches Bridge Aggregator to Move Tokens Across Blockchains – Game Changer?
10.11.2022
Crypto wallet specialist MetaMask is launching Bridges, a new aggregator designed to allow the users of its flagship Portfolio decentralized app (Dapp) to easily move their tokens across chains.
“MetaMask Bridges is a bridge aggregator to help you find the best routes to move your tokens from...
Crypto Price Crash Update: Why Did FTX Fall? – Here’s What We Know Now
10.11.2022
Earlier this week, speculations around the liquidity crunch at FTX sent shock waves across the entire crypto industry.
The news that Binance could potentially purchase FTX slightly saved the day, but when the exchange backed out of the deal yesterday, cryptocurrency prices went into a free...
Crypto.com Exchange Suspends Withdrawals on Solana blockchain as Crypto Prices Crash – Another Exchange in Trouble?
10.11.2022
Major cryptocurrency exchange Crypto.com has suspended deposits and withdrawals of two major stablecoins, USDT and USDT, on the Solana blockchain.
In an email to users on Wednesday, the platform reportedly said that they are suspending deposits and withdrawals of USDC and USDT on the Solana...
Japanese Mobile Firm NTT Plans to Invest $4 Billion in Web3 Technology – Find Out Why
9.11.2022
Japan’s largest mobile telecoms operator NTT DOCOMO has announced plans to invest up to 600 billion yen ($4 billion) into Web3 infrastructure.
The company has joined forces with multichain smart contract platform Astar Network as well as Irish services company Accenture to speed up Web3 adoption...
Crypto Prices Crash as FTX Crypto Exchange Collapses – What We Know So Far
9.11.2022
The price of almost all major cryptocurrencies crashed today after it was announced that major crypto exchange FTX will be acquired by rival Binance in a strange turn of events.
The world's largest cryptocurrency has lost more than 8% over the past 24 hours, currently trading around the $18,000...
Novatti successfully launches its stablecoin AUDD
9.11.2022
Novatti successfully launches its very own created stablecoin, AUDD, with the aim and intention of effectively addressing the increasing requirement of a suitable and appropriate digital-based currency for utilizing in the case of blockchain-oriented applications. Presently, there is also the need...
US Midterm Elections: Outcome Will Decide the Future of Crypto Legislation – Republicans to Gain Majority?
8.11.2022
The US midterm elections are underway, and the outcome could have a larger impact on the future of crypto regulation than most people believe....
Read More: US Midterm Elections: Outcome Will Decide the Future of Crypto Legislation – Republicans to Gain Majority?
NTT DOCOMO and Astar Network to jointly promote Web3
8.11.2022
NTT DOCOMO and the Astar Foundation have joined forces to promote the upcoming Web3 environment. The goal is to implement a DAO (Decentralized Autonomous Organization) project to address societal problems.. Both organizations have agreed to broadly promote Web3 and have inked a basic distribution...
FTX CEO Sam Bankman-Fried Speaks Out Amid Binance Drama – Denies Insolvency, Says Withdrawals Will Continue
8.11.2022
FTX CEO Sam Bankman-Fried has denied insolvency rumors amid mounting speculations that his exchange is facing liquidity issues, as evident by Binance's move to dump all its FTT holdings.
In a series of tweets on Monday, Bankman-Fried referred to the speculation as FUD, claiming that...